50 Road P78
About This Property
The upper residence features true main-level living, including 3 bedrooms, 3 bathrooms, office, and an open, light-filled floor plan designed to capture the surrounding mountain beauty. High ceilings, generous windows, and thoughtful finishes make it comfortable for full-time living a second-home retreat with multiple income stream options.
Below, a private lock-off walkout basement apartment expands your options even further. This spacious 2-bed, 2-bath unit includes ample storage and its own entrance-ideal for multigenerational living, visiting guests, rental potential, or caretaker quarters. For those wanting even more flexibility, the layout offers a unique opportunity to add an attached in-unit garage to the lower level.
Set in a sun-kissed valley where cows graze, horses gallop, and rivers wind through lush meadows beneath white-capped peaks, the drive home is a daily postcard. Yet it's also just a short drive to great restaurants, grocery stores, local shops, and essential amenities, offering the perfect blend of serenity and convenience.
Whether you're seeking mountain living with room to roam, an income-producing layout, or a property tailored for your vehicles, gear, and outdoor lifestyle, this Bailey gem delivers it all.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Listed by Compass - Denver | $850,000 | |
| Listed by Compass - Denver | |||
| Sep 25, 2025 | Price Decreased |
$850,000
↓ $49K
(5.5%) | |
| Price Decreased | |||
| May 30, 2025 | Listed | $899,000 | |
| Listed | |||
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Enjoy the convenience of single-level living in this impressive ranch-style home peacefully situated on nearly 2.5 usable acres. The expansive main floor boasts 3 bedrooms and 3 bathrooms as well as a bright-open kitchen, office area and dining room. You'll love relaxing in the spacious primary suite at the end of a long day! This home is also perfect for entertaining as the living room opens to a large covered deck that is sure to make your friends and family feel right at home. What better way to enjoy the clean crisp mountain air? The massive garage setup is truly a dream come true and is sure to suit all of your needs. Whether you're into cars, RVs, boats, ATVs or all of the above, this property delivers in a big way. The expansive multi-bay garage including RV parking is built to handle it all-tons of space for vehicles, storage, tools, and projects, with room to spare. Additionally, discover a private lower level with its own entrance featuring 2 bedrooms and 2 bathrooms, living space and kitchenette as well as storage galore. Your guests are sure to feel right at home in their own private oasis. Outside, the paved driveway ensures easy year-round access. In fact, you'll enjoy the benefit of a fully paved commute! That's not something often found with mountain properties. This property combines the best of mountain living and modern convenience. It's not just a home-it's a lifestyle for those who need room to spread out, work on big projects, or store all the toys that make Colorado living great.
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| Sep 6, 2024 | Listed | $950,000 | |
| Listed | |||
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Welcome home! This rare ranch style home is situated on nearly 2.5 picturesque acres in Bailey, Colorado. The open and bright main floor features 3 bedrooms and 3 bathrooms including a luxurious private primary suite as well as an expansive dining room and additional office/flex space. The unique partially finished basement features cozy rustic finishes and offers an additional 2 bedrooms and 2 bathrooms, living space, kitchenette and private entrance providing flexibility for multi-generational living or potential rental space. As if that isn't enough, the garage is something you must see to believe! Massive bay with space for RV or tandem parking with additional side door as well as 2-car and 1-car oversized bays allowing ample room for shop/work space. Soaring ceilings and ample lighting will make working on your hobbies a dream in this one-of-a-kind garage. Accessed off of County Road 43 which runs along the breathtaking Deer Creek Valley, you'll be spoiled by your easy commute likely taking in views of elk, deer, and even moose!
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| Mar 9, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017